Since 1 January 2023, the cash limit in Italy has been set at 4.999,99 €. Cash payments from €5,000 onwards are therefore not permitted and must be made using traceable payment methods:
Foreign tourists are exempt from this rule and may therefore make purchases of up to 15.000 € also in cash.
It is not permitted to artificially divide a single transaction into several smaller cash payments below the threshold. Such an arrangement is considered an inadmissible circumvention of the cash limit.
Sanctions range from 3.000 € to 50.000 € and apply to both the payer and the recipient. For amounts above 250.000 €, the penalty is multiplied by five.
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